Image

U.S. fuel prices keep falling

Jan. 13, 2015

Retail pump prices for diesel and gasoline continued to fall across the U.S. this week, according to data tracked by the Energy Information Administration (EIA), with gasoline prices in some regions of the country slipping under the $2 per gallon mark.

The national average retail pump price for diesel slipped 8.4 cents to $3.053 per gallon this week, EIA reported, which is 83.3 cents per gallon cheaper compared to the same week in 2014.

Diesel prices declined in all regions of the country, the agency said, with the Rocky Mountain area experiencing the largest one-week decrease: an 11.2 cent decline to $3.027 per gallon.

In two regions – the West Coast, with California excluded, and the Gulf Coast – diesel dipped below the $3 per gallon mark; falling 9.6 cents to $2.978 in the former and falling 8.1 cents to $2.964 in the latter, EIA noted.

The national average retail pump price for gasoline also continued to nosedive this week, according to agency figures, falling 7.5 cents to $2.139 per gallon, which is $1.188 per gallon cheaper compared to the same week in 2014.

In three regions of the country, gasoline officially dipped below the $2 per gallon mark. The Rocky Mountains, at $1.986 per gallon, also sported the largest one-week decrease in gasoline prices, EIA noted – a 12.8 cent dip.

The Gulf Coast, down 8.2 cents to $1.911, and the Midwest with a 2.4 cent decline to $1.95, rounded out the under-$2-per-gallon club this week, according to the agency’s data.

About the Author

Sean Kilcarr | Editor in Chief

Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.

 

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Take Control of Your Finances: A Practical Guide for Carriers in Trucking

This guide is designed to help you navigate these challenges, featuring strategies for automation, examples of effective tools, and a real-world success story from Phoenix Cargo...

Report: The 2024-2025 State Of Heavy-Duty Repair

Fullbay's fifth annual State of Heavy-Duty Repair compiles insights from almost 1,000 experts and over 3,500 shops. If you aren't leveraging these proven data points, your competition...

Guide For Managing Maintenance

The Guide for Managing Maintenance is a comprehensive resource designed to help fleet managers improve their maintenance operations, reduce downtime, and lower overall fleet costs...

The Road Ahead: 2025 Trucking and Fleet Insights

Discover how fleet operators are impacted by challenges like driver onboarding delays and complex compliance, and the critical need for technology to boost efficiency and cut ...